Overview
- Delta disclosed a pretax fourth-quarter hit of about $200 million, or roughly $0.25 per share, becoming the first U.S. carrier to quantify the shutdown’s impact.
- CEO Ed Bastian said refunds rose sharply as customers delayed purchases during the 43-day lapse, pressuring near-term results.
- The company reports booking growth has returned to plan and says demand looks strong into 2026.
- FAA safety caps forced up to a 6% reduction in domestic schedules from Nov. 7–16, cutting more than 10,000 flights nationwide, including over 2,000 at Delta.
- Controller shortages deepened as staff worked without pay and missed two checks, and the FAA’s decision to award bonuses only to 776 perfect-attendance employees drew objections from Sen. Tammy Duckworth.